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Discuss The Pros And Cons Of Government Safety Regulations

132 Words1 Pages
Some of the pros of the government safety regulations include enforcing standards that are equally applied across all organizations which will eventually help maintain ecological balance. As these regulations are enforced legally, it requires the firms to meet them or they will be fined or shut down. There are some disadvantages associated with the regulations as well, These include: 1) Establishing of standard and fair rules across multiple organizations requires intensive studies, analysis, documentation and legal proceedings which might be time consuming 2) As these rules and regulations are fair to all, this raises a concern around their effectiveness 3) Regulations can take away any industry's incentive to do more than the minimum
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